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Abu Dhabi

Zumo joins the Abu Dhabi Sustainable Finance Declaration
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21 August, 2024

Zumo joins the Abu Dhabi Sustainable Finance Declaration

Zumo has signed the Abu Dhabi Sustainable Finance Declaration, reinforcing the platform's commitment to a greener financial services industry as...
Nomura subsidiary Laser Digital obtains license to operate in the UAE
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26 June, 2024

Nomura subsidiary Laser Digital obtains license to operate in the UAE

The Nomura subsidiary may provide broker-dealer and fund management services to retail and institutional clients in the UAE, with CEO...
Abu Dhabi free zone inks MOU with auditing firm for blockchain security, compliance standards
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2 May, 2024

Abu Dhabi free zone inks MOU with auditing firm for blockchain security, compliance standards

The ADGM-Hacken collaboration will focus on developing security standards, on-chain monitoring solutions in line with the region's aspiration to become...
UAE lays out updated AML policy in compliance with FATF Travel Rule
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30 December, 2023

UAE lays out updated AML policy in compliance with FATF Travel Rule

The amended rules will apply to VASPs, banks, and designated non-financial businesses and professions while seeking to clarify the definition...
Abu Dhabi ‘DLT Foundations Regulations’ targets DAOs, Web3
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9 November, 2023

Abu Dhabi ‘DLT Foundations Regulations’ targets DAOs, Web3

The 'DLT Foundations Regulations 2023' enacted by the Abu Dhabi Global Market makes a provision for decentralized autonomous organizations, DLT...
UAE: Ras Al Khaimah launches new digital currency trade zone to rival Dubai, Abu Dhabi
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4 November, 2023

UAE: Ras Al Khaimah launches new digital currency trade zone to rival Dubai, Abu Dhabi

Ras Al Khaimah enters the digital assets trade zone competition with the launch of RAK Digital Assets Oasis, aiming to...
Laser Digital obtains in-principle approval to operate in Abu Dhabi’s financial free zone
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30 September, 2023

Laser Digital obtains in-principle approval to operate in Abu Dhabi’s financial free zone

Laser Digital has secured approval from Abu Dhabi Global Market to offer digital currency and traditional asset services, positioning itself...
Marathon to launch Middle East’s first large-scale BTC mining operation
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11 May, 2023

Marathon to launch Middle East’s first large-scale BTC mining operation

First announced in January, the operation is a joint venture between Marathon and Zero Two, a Web3 company launched in...
Abu Dhabi seeks public opinion on new legal framework for decentralized economy
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26 April, 2023

Abu Dhabi seeks public opinion on new legal framework for decentralized economy

The public consultation revolves around Abu Dhabi's intention to launch a blockchain framework, focusing on streamlining disclosures, governance structures, and...
Swiss-based digital currency bank Sygnum expands offering to the Middle East
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27 March, 2023

Swiss-based digital currency bank Sygnum expands offering to the Middle East

Sygnum plans to expand into the Middle East have been in the works since October 2022, when the digital currency...
Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative
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19 February, 2023

Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative

Abu Dhabi sets its eyes on becoming a Web3 hub in the MENA region under its new project geared toward...
Kraken shuts down Abu Dhabi office less than a year after launch
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6 February, 2023

Kraken shuts down Abu Dhabi office less than a year after launch

Kraken also laid off some employees in the MENA region and suspended AED but maintains that clients in the region...